Iteris Awarded $12.4 Million Contract For National ITS Architecture Evolution And Support
Iteris, Inc. (NYSE Amex:ITI), the leader in traffic management
solutions, has been awarded the prime contract from the Research and
Innovative Technology Administration (RITA) for the National Intelligent
Iteris, Inc. (NYSE Amex:ITI), the leader in traffic management solutions, has been awarded the prime contract from the Research and Innovative Technology Administration (RITA) for the National Intelligent Transportation Systems (ITS) Architecture Evolution and Support Program. The award has a ceiling valued at $12.4 million over a five-year period. Over the last fifteen years, Iteris has provided the federal government support in developing the National ITS Architecture and facilitating its implementation across the country. The task order-based contract, which is expected to begin in April 2012, has a two-year base period and includes three one-year options that would extend through 2017. The initial two-year base period task order is anticipated to be $4.9 million with a significant portion allocated to support connected vehicle systems architecture maintenance and alignment. With all options, the total potential value of the contract could reach $12.4 million. As part of this project, Iteris leads a team of ITS experts from companies that include: Lockheed Martin, Consystec Corporation, and Ice & Associates. “The National ITS Architecture Program has been a corner stone of the Federal ITS Program,” said Abbas Mohaddes, president and CEO of Iteris. “This program has evolved as ITS has expanded. We are delighted to have the opportunity to continue assisting RITA in both the National Architecture program as well as connected vehicle initiatives. These prestigious and important programs are expected to play a key role in the next phase of ITS evolution and implementation across the county.” Since the late 1990s, the National ITS Architecture has been used as the basis for the development of over 270 regional, state, and local ITS architectures. The National ITS Architecture Program has provided guidance, tools, and technical support to municipalities to aid in these developments and facilitate their use in successful ITS deployment. Connected Vehicles is a major initiative focused on the development and deployment of a fully connected transportation system that makes the most of multi-modal, transformational applications requiring a robust, underlying technological platform. The platform is a combination of well-defined technologies, interfaces, and processes that, combined, ensure safe, stable, interoperable, reliable system operations that minimize risk and maximize opportunities.